Currenc Group Inc · Q4 2026 earnings

Briefing

Currenc FY2025: $37.8M revenue (-10%), gross margin 40.8% as remittance grows and AI pivot accelerates

Currenc Group reported full-year 2025 revenue of $37.8 million excluding divested TNG Asia and GEA units, down 10.3% year over year as global and local airtime revenues declined while remittance revenue rose 22% to $22.2 million. Gross profit increased to $15.4 million with gross margin expanding to 40.8% from 31.4%, and operating expenses fell to $23.4 million from $42.0 million after divestitures and lower share-based compensation. The company posted a net loss of $18.5 million, or $0.30 per share, driven largely by $20.5 million of headquarters expenses and adjustments. Tranglo processed $5.6 billion in TPV (+1.2%) with a stable 0.37% take rate, and management is pivoting toward AI products, a proposed Animoca Brands merger, and a planned $400M Tranglo sale.

• FY2025 revenue was $37.8M (-10.3% YoY ex-divested units); remittance revenue grew 22% to $22.2M while airtime revenues declined.
• Gross profit rose to $15.4M with margin expanding to 40.8% from 31.4%; operating expenses fell to $23.4M from $42.0M.
• Net loss was $18.5M ($0.30 per share), primarily from headquarters expenses and adjustments rather than core Tranglo/WalletKu operations.
• Tranglo TPV reached $5.6B with a 0.37% take rate; Tranglo and WalletKu combined EBITDA was $2.6M.
• Strategic priorities include scaling AI revenue, completing the $400M Tranglo divestiture, and advancing the Animoca Brands reverse merger.

Headline financials

Revenue & EPS history

Management's 2026 priorities focus on scaling AI product revenue after investing $2M in development during 2025, completing the $400M Tranglo divestiture to New Margin, advancing the proposed Animoca Brands reverse merger, and continuing to deemphasize lower-margin airtime services.